Nikola Chief Says Company Doesn't Need GM
Nikola (NASDAQ: NKLA) chief executive officer (CEO) Mark Russell said in an interview that the company doesn't need its partnership with General Motors (NYSE: GM), which continues to be negotiated, according to a Bloomberg report.
Nikola and GM announced a strategic partnership agreement just days before Hindenburg Research released a damaging report on Nikola last month. After the stock's significant drop following the report, the two automotive companies went back to the table to renegotiate details of the agreement.
Source Fool.com
